Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1887-10-29
THEAuEn Law.
Discussed By Sir Charles Craufurd, OF
the Empire Mining Company-Its
Effects on Montana Mines.

ENCOURAGING Prospects Of the Empire
Mining Company-Dfvidends to
be Trebled by a Sixty
Stamp Mill.
The MINER called upon Sir Charles w. F.
Crauford, Bart, at his rooms in the Wind.
sor. He found Sir Charles an exceedingly
courteous and pleasant gentleman, who
appeared TO take pleasure in answering all
queries with q fullness and clearness seldom
granted to interviewers. As stated in yes
terday's MINER, Sir Charles is one OF the
directors OF the Empire Mining Company,
whose property is located near the famous
Drum Lummon. and promises to take a
front place among the great wealth pro-
ducers OF Montana. Sir Charles is spend
ing a couple OF days exploring among the
great mines of this district, and when the
reporter entered his room he had just re-
turned witt. Mr.. Braden from q visit to
some 0f the ~trel'est workings. The re-
porter stated the object Of his visit, end
was cordially assured that all desired in
formation would be cheeriully furnished.
ISL Charles, you find Montana
| wearing a wintry aspect"
1.-THE aspect matters but little" he re-
l pli.tk when one gets such h warm welcome
as T have received"
''SIr Charles, will you tell me something
about the Empire miner"
Il will be glad to do SO" was the reply.
I'VE have been working the Empire with u
forty-stamp mill of the light Colorado
pattern, treating about two tons of ore
per stamp. We are o putting in q sixty
stamp mill OF u heavy pattern with short
lifts. With the old mill the mine has paid
two Is per cent dividends. l believe the
new mill will increase the dividends to fifty
per cent. before ~long-well, l wont say
within a year, but within eighteen months
certainly. l estimate that with the sixty
stamp mill the Empire will produce atleast
$500, 900 per year. at a cost OF $40. 900.
The capital stock is f1OO, 900, so you see
at that rate the dividends would b con-
s;derably more than so per cent, but l
believe in making conservative estimates.
When we reach the so per cent. dividends
it will be q good time for Montana men
who have good mining properties to sell, to
place them on the market in London.
What is the feeling in England with re-
gard to Montana mines. Sir Charles?"
asked the reporter.
1.-The feeling is very favorable for the in
vestneut nj English capital in Montana
mines. Have they not the Drum Lummon
and Empire as examples? In London min
ing is no longer regarded as u lottery; it
has become Il legitimate and safe industry
when judicionsly managed. Iii is now well
known in England that the mining industry
is barely commenced in Montana, and that
there are many opportunities for safe and
profitable investment in the mines OF this
Territory. But / wantyou to say that the
alien law, If not repealed will put a stop to
English Investments here"
Gan you forecast some of the actual re-
suits OF that Law, Sir Charles?' Intercepted
the reporter.
II cam" replied the baronet. 1.-The effect
will be t., divert British capital that would
otherwise be devoted to the develoi ,ment
Of Montana mines. to the Transvaai,
Queensland and Canada. l was at Port
Arthur on my way to Montana, and found
in the tributary region q number of most
miserably worked mines, that would, under
proper management, pay handsome
profits. When 60 back to
England l shall strongly recon-
mend that region as a fed for English in
vestments, and English capital will not be
O0A ~ "hS oAA' IH" Ct1OA"s II II
there are chiefly silver. but silver is good
it you get enough OF it. You know Rich |
ardson & Gu ,dburne. the best known mining !
III London. They brought ont
the Drum Lummon and the Empire in
and the Carlisle, which. l think
is in California. If they were not debarrtd
by the alien law. they would bring out
more mines in Montana. They |
have since brought ont several mines in the !
nvyn n 1 -~l A---:- Al-:- 1
chiefly to South Africa and
Queensland. They brought out a large
mine at Kimberley, aud the
in Mexico, the latter being
st locked for $4,000 600. They bring out
good properties, and stay with them.
They do not forsake a mine if it doesn't
pay a profit for a few years. This
firm alone would have been If some value
Montana if permitted to extend their
operations here. MIR. C~hadbourne, of the
firm, and his brother, Frank Chadb urne,
Of the Empire Company. are both friends OF
mine, and l know what they would have
ample OF Richardson & Chadbourne would
nave been followed by many English capt.
talists. You see there is a great deal OF
capital in London and very few outlets for
t. English capital eagerly seeks invest
nent among English speaking nations, IN
Ter laws similar TO our own, and the |
United States is a favored field. ] do not
'xpress any opinion OF the alien law as far
u Its purpose of preventing the acquisition
large bodies o} liant is ,:s,j.r.~i,d Where /!
to tends to prevent the development OF !
mines. however. mines that would !
greatly increase the production !
'alth in this country. l think the alien !
aw is a greet mistake. We are told that
se can get arOund il. hist the risk w.u1d D., {
great. 1t wou Il be Il very promising
and exceedingly cheap. that
'ould tempt the investment of English
apitaI here while that law is in force
Sir Charles. are You Interested in nines t
Queensland?" y
Eyes, | am interested in the Queen minein G
hat country. 1t is free milling god quartz, :
ut galena and other classes of ore are :.
,und there. Oar managing director there, e
lr: Cavey. will VISIT England next year. =
nd have written, askin. him to come !.
trough Montana. 50 that he may become
with the mines OF this Terri
Dry. dis visit may he good for England
nd tor Montana, and for ourselves" ,
Sir Charles presented the reporter with a q
amphlet entitled mining Popularity tt
written by himself. and issued cl
us year. 1t gives q brief exposition of K
] modern processes of treating ores, a IL
ossary OF mining terms, and some &C. |;
OF the modes Of prospecting for L
neral, and working mines. The contents Il
ere first published in a series of articles IN II
70 London Mining Journal. They snow L
at the distinguished author is
oroughly conversant with mining a. it is
acticed in all civilized countries.
4 Rravo l.odr